All articles by Verdict Staff

Verdict Staff

NAB to move four million customers to its NextGen platform

National Australia Bank (NAB) is planning to move around four million customers to its NextGen core banking platform over the next three years.

Huntington National Bank plans to roll out new mobile cheque deposit app: Reports

Ohio-based Huntington National Bank is, reportedly, planning to roll out a new mobile cheque deposit app in the first quarter of 2014.

Lloyds plans to sell 21% stake in St James’s Place

Lloyds Banking Group is planning to sell 21% stake in its wealth manager St James’s Place, to increase liquidity and focus on retail banking businesses in the UK.

Current account switching to increase Halifax customer base to 300,000 a year: Reports

UK-based Halifax is, reportedly, set to increase its current account customer base to 300,000 in a year.

Easy Solutions launches new solution to deal with mobile banking risks

Easy Solutions, a Florida-based solutions provider against phishing, pharming and malware, has launched a new Easy Solutions Mobile, which protects mobile banking customers from online threats and provides analytics to assess risk levels.

NAB plans to offer ‘lite’ financial advice to boost mortgage market share

National Australia Bank (NAB) is, reportedly, considering to train all of its tellers to offer ”lite” financial advice, as its customers are gradually embracing online banking.

RBC cuts 1,129 full-time jobs since July 2013: Reports

Royal Bank of Canada (RBC) has, reportedly, cut approximately 1,129 full-time jobs since 31 July 2013, representing 1.5% of its total workforce, as part of its strategy to streamline operations in the country.

HSBC plans to float up to 30% of its UK retail banking arm: Reports

HSBC is, reportedly, planning to float up to 30% of its British retail and commercial banking arm, to better deal with the incoming new banking rules.

China’s B2B electronic payments will reach USD47bn in 2013

China’s B2B electronic payments will reach $47bn before the end of 2013, constituting 5.1% of B2B e-commerce transactions, according to a report from Celent.

FDIC orders Banesco USA to improve anti-laundering controls

The US Federal Deposit Insurance Corporation (FDIC) has ordered Banesco USA to boost its anti-laundering controls, after the regulators found some loopholes in its banking operations.